Ascendas' Chennai tech park likely to be ready by May 2005

Ascendas' first international tech park in Chennai is expected to be ready by May 2005 and is currently open for booking space.

An Ascendas press release said that the International Tech Park Chennai (ITPC) will create a total of about 1.5 million square feet of space under three phases of development.

ITPC will offer fully-infrastructured business space integrated with value-added amenities such as cafes, retail mall, a food court, health club, medical clinic and autobanking. ITPC is a joint venture project between Tamil Nadu Industrial Development Corporation (TIDCO) and Ascendas.

Ascendas, one of Asia's leading business space solutions provider, has its presence in Bangalore and Hyderabad as International Tech Park and Cyber Pearl.

Goh Kok Huat, CEO of Ascendas(India) Private Limited and COO of Ascendas Private Limited, said, "ITPC offers round-the-clock connectivity and reliable infrastructure such as centralised air conditioning, 100 per cent power back up, large and efficiently-designed floor plates, multiple service providers for data and telecommunication and advanced fire protection systems."